3 Days Ago
Location
450 W Picacho Ave #1-5, Las Cruces, NM 88005, USA
Tour 450 W Picacho Ave #1-5
Contact
PMI of New Mexico
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Property Overview
Located in a vibrant area, this property features 15 informative photos that provide potential renters with a clear view of the amenities available. Its proximity to 28 theaters, music venues, and sports arenas, along with 12 local event hubs within a mile, enhances the area's appeal for a lively social life. Additionally, the neighborhood is walkable and caters to diverse age groups, contributing to an engaging community atmosphere.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- High school nearby
- Elementary school nearby
Great for
Social life
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 450 W Picacho Ave #1-5
This three bedroom one bath unit has been recently updated and located minutes from swimming, tennis, downtown and parks. Unit upgrade include new heating & cooling unit (mini split/refrigerated air), updated bathroom, fixtures and more. Tenant pays electric only, water/trash/sewer included in the rental amount (no gas). Unit is non-smoking and no pets permitted. Application Fee: $40.00 per person (plus all applicable third party processing fees, apply at www.pmiofnewmexico.com).
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 450 W Picacho Ave #1-5 compares to other nearby properties.
Positives
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
- High school nearby
- There is a high school 0.4 mile away
- Elementary school nearby
- There is an elementary school 0.3 mile away
Address details
| Zip code | 88005 |
|---|---|
| Type | Apartment for rent |
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Rent trends in Las Cruces
3-bedroom apartments at 450 W Picacho Ave #1-5 cost about 47% less than the average rent price for 3-bedroom apartments in Las Cruces.
Median rents as of Oct 18 2025.
Las Cruces
| Month | Median Rent |
|---|---|
| November 2023 | $1,672 |
| December 2023 | $1,602 |
| January 2024 | $1,551 |
| February 2024 | $1,595 |
| March 2024 | $1,599 |
| April 2024 | $1,619 |
| May 2024 | $1,550 |
| June 2024 | $1,582 |
| July 2024 | $1,692 |
| August 2024 | $1,707 |
| September 2024 | $1,697 |
| October 2024 | $1,637 |
| November 2024 | $1,641 |
| December 2024 | $1,651 |
| January 2025 | $1,628 |
| February 2025 | $1,640 |
| March 2025 | $1,640 |
| April 2025 | $1,698 |
| May 2025 | $1,682 |
| June 2025 | $1,623 |
| July 2025 | $1,540 |
| August 2025 | $1,560 |
| September 2025 | $1,586 |
| October 2025 | $1,578 |
Affordability calculator
Can I afford to live at 450 W Picacho Ave #1-5?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$34,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $34,000 annually to afford this 3-bedrooms monthly rent price of $850.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 1 year ago | $850 |
Schools near 450 W Picacho Ave #1-5
Alameda Elementary School
1325 n alameda blvd
las cruces, NM, 88005
PK, K-5Public
C
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Internet available near 450 W Picacho Ave #1-5
Getting around Las Cruces near 450 W Picacho Ave #1-5
Walking
4/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Points of interest for 450 W Picacho Ave #1-5, Las Cruces
Groceries
3/10
At least one grocery store within a 30-minute walk
Shopping
5/10
Some shops within walking distance
Cafes
6/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Nightlife
2/10
Few or no bars within walking distance
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